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The following paragraph comes from Starbucks Accounting Policies note in their most recent annual report...

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Accounting

The following paragraph comes from Starbucks Accounting Policies note in their most recent annual report (see question 2): Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Examples include, but are not limited to, estimates for inventory reserves, asset and goodwill impairments, assumptions underl

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